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DewDiligence

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DewDiligence

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Re: DewDiligence post# 164

Saturday, 12/31/2011 1:22:36 PM

Saturday, December 31, 2011 1:22:36 PM

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3Q11 factoids:

• VALE’s average price of iron ore was $151/tonne.

• China accounted for 35% of VALE’s revenue (double the amount of second-place Brazil).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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